In what the company is describing as a "good faith" measure, MP3.com will disable access to all major label content on its controversial My.MP3.com broadcasting service while its negotiations to settle a copyright infringement lawsuit filed by the recording industry continue.

Late last month, a federal judge said MP3.com could be held liable for copyright violations related to its Instant Listening Service and Beam-It software, technology which allows users online access to CDs that they claim to own.

"We regret the need to take this step, which inconveniences more than 500,000 My.MP3.com account holders," Robin Richards, MP3.com president and chief operating officer said in a statement on Wednesday (5/10). "While we disagree with the court's decision, we also want to demonstrate our good faith and strong desire to achieve an expeditious business resolution."

Richards said that the company will restore user access to Sony Music Entertainment, EMI, BMG Entertainment, Universal Music Group, and Warner Music Group content "if and when a settlement is reached and licenses are executed."